There are some companies that may be on the verge of a breakout and hence, it might just be the right time for investors to consider taking a look at those. At the end of the day, timing is everything when it comes to the markets and there are some stocks that may just be worth tracking at this point in time by investors. Here is a look at five such stocks.
Therma Bright (TSX.V:THRM) (OTCQB:TBRIF) stock closed up 21.88% in US Volume Exploding in Canada. The stock is on the verge of a nice breakout on increased volume.
Therma Bright is the developer of the AcuVid™ COVID-19 Rapid Antigen Saliva Test and other progressive diagnostic and medical device technologies that help test for illnesses and assist with pain management.
Recently, the company was in the news once again after it announced that it had awarded options to many of the directors, consultants, and officers to pick up a total of as many as 1,475,000 common shares in the company. It is part of the wider share options plan at Therma Bright.
Houston Natural Resources Corporation (OTCMKTS:HNRC) Closed Up 3rd day in a row consolidating above its 200 DMA trending poised for breakout, Short Covering Continues “Dividend Date Approaching” EPS $0.18/share Industry 17x Multiple Stock Price Potential $3.06/share.
The Houston Natural Resources Corporation is one of the companies that may be looked into by investors at this point in time. As it happens, the company was in the news earlier on this week on August 1, when it announced its financial results for the second fiscal quarter ended June 30, 2022.
The company managed to bring in revenues of $5,125,473 in the quarter and of $8,687,641 in the first half of the year. The revenues in the first half of the year proved to be 41% higher than the revenues of $7,614,534 in the first six months of 2021. It may be a good idea to add the Houston Natural Resources Corporation to your watch lists.
Mass Megawatts Wind Power Inc (OTCMKTS:MMMW) stock is one of the top performers in the energy sector. The stock has soared almost 18% in the past week and 55% in a month on increased volume.
The company is currently best known for having developed a solar tracking system and that is something that investors ought to know about. It is a complete solar power system that has been designed in such a way that the positions of the actual solar panels are adjusted continuously. Due to this particular action, it is possible for the panels to get the sort of direct sunlight throughout the course of the day.
BioLife Sciences Inc (OTCMKTS:BLFE) – The next one that could be looked into at this point is the BioLife Sciences Inc stock. The company had actually come into focus earlier on in the week on August 2 when its Chief Operating Officer NikaJaksic appeared for an interview on SmallCapVoice.Com. The full interview can be heard at: https://www.smallcapvoice.com/july-2022-interview-biolife-sciences-blfe/.
At the interview, Jaksic provided an overview of the plans that the company had for uplisting its stock and also regards to an innovative product for the improvement of cannabis cultivation.
American Manganese Inc (OTCMKTS:AMYZF) (TSXV:AMY)d/b/a – RecycLiCo Battery Materials Receives Funding for Feasibility Study on Black Mass Material from End-of-Life Lithium-ion Batteries –
American Manganese is doing business as RecycLiCo Battery Materials, a pioneer in advanced lithium-ion battery recycling and upcycling, is pleased to announce that it is receiving advisory services and funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support a feasibility study to target the removal of fluoride from black mass containing high concentrations of fluoride.
